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HFMA 2017 preview: What the ‘internet of things’ can do for healthcare finance

The “internet of things,” or IoT, is in its infancy everywhere in healthcare, according to Warren Averett security services director Paul Perry. For those on the finance side of hospitals and health systems, he says this connected technology offers great opportunity to those who realize its potential.

Teladoc to acquire virtual consultant platform Best Doctors

The largest telemedicine provider in the U.S., Teladoc, has announced a $440 million deal to acquire virtual consultation company Best Doctors in a move that could further consolidate its hold on the telehealth market.

OIG: CMS should try to recover $729M in erroneously paid EHR incentives

Out of the $6 billion CMS made in Medicare electronic health records (EHR) incentive payments by June 2014, the HHS Office of the Inspector General (OIG) estimated $729 million was paid to professionals who didn’t meet meaningful use requirements.

Apple hires Stanford digital health director

Apple has brought on Sumbul Desai, MD, for an undefined senior role which CNBC said “demonstrates that Apple is taking its health ambitions seriously.”

Cerner wins Veterans Affairs EHR contract without competitive bidding process

Confirming months of speculation, Cerner has been selected to replace the U.S. Department of Veterans Affairs’ in-house electronic health record system.

eClinicalWorks to pay $155M to settle claims it faked certification

Electronic health record (EHR) vendor eClinicalWorks will pay $155 million to settle a False Claims Act lawsuit alleging it “falsely obtained” meaningful use certification and gave customers kickbacks in exchange for publicly promoting its products.

Cerner EHR implementation at Department of Defense may have been pushed back

The rollout of the U.S. military’s new Cerner-based electronic health records (EHRs) system, MHS Genesis, may be months behind schedule, according to POLITICO.

Precision Medicine Initiative set for ‘beta test’

National Institutes of Health Director Francis Collins, MD, PhD, has announced the beginning of a beta test to roll out the Precision Medicine Initiative, an effort to amass health information from one million people for a nation research database

Health IT groups oppose $22M cut to ONC in Trump’s budget

Reducing funding to the Office of the National Coordinator for Health IT (ONC) from $60 million to $38 million, as the Trump administration has proposed, may hamper advancements in interoperability and the goals of 21st Century Cures Act, according to several leading health IT groups.

Fitness trackers improving as heart rate monitors, but terrible at tracking calories

When it comes to tracking calories, wearables like Apple Watch and Fitbit often provide very inaccurate information, according to Stanford University researchers.

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